Avondale Raises ARRIS Group (ARRS) to Market Outperform, Lifts Target to $14

August 16, 2011 1:37 PM EDT
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Price: $31.66 --0%

Rating Summary:
    5 Buy, 11 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 21 | New: 20
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An analyst at Avondale Partners upgraded shares of ARRIS Group (NASDAQ: ARRS) from Market Perform to Market Outperform Tuesday morning. The analyst boosted his price target on the stock from $12 to $14.

With shares of ARRIS down about 1 percent to around $10.29 this afternoon, Avondale's new price target implies potential upside of about 36 percent.

For more ratings news on ARRIS Group click here and for the rating history of ARRIS Group click here.


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